REVENUE FROM CONTRACTS WITH CUSTOMERS

9 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS

REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregated Revenue

The Company disaggregates revenue by product area and segment as it best depicts the nature and amount of the Company’s revenue. See Note 18 of this Report on Form 10-Q for more information.

Contract Balances

The following table provides information about contract liability balances:

	June 30, 2020		September 30, 2019
Contract liabilities (current)	$	9,410	$	5,008
Contract liabilities (noncurrent)	1,019		1,130

At June 30, 2020, the current portion of contract liabilities of $9,410 is included in Accrued expenses, income taxes payable and other current liabilities, and the non-current portion of $1,019 is included in Other long-term liabilities in the Consolidated Balance Sheets.  The amount of revenue recognized during the three and nine months ended June 30, 2020 that was included in the opening current contract liability balances in our Performance Materials segment were $400 and $3,427, respectively.  The amount of revenue recognized during the three and nine months ended June 30, 2020 that was included in our opening contract liability balances in our Electronic Materials segment was not material.

Transaction Price Allocated to Remaining Performance Obligations

The table below discloses (1) the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting period for contracts with an original duration of greater than one year and (2) when the Company expects to recognize this revenue.

	Less Than 1 Year		1-3 Years		Total
Revenue expected to be recognized on contract liability amounts as of June 30, 2020	$	1,426	$	1,019	$	2,445